SAILAUF,
* Delegation at grand opening of a new facility in Aleksinac,
* Growing demand is driving need for expanded production capacity
* Facility to produce seating products for European automakers
* Expected to create up to 220 new jobs
The company celebrated the grand opening of the new plant in the southern Serbian city of Aleksinac with the President of the
The greenfield facility, which covers an area of approx. 8,300 square meters, currently employs roughly 780 people with the expectation to potentially increase the workforce up to approximately 1,000 employees by the end of 2022.
'Making this investment reflects the growth in demand for our seating products and positions us in close proximity to our customer,' said
The new facility is Magna's second plant in
TAGS
Seating, Aleksinac,
INVESTOR CONTACT
louis.tonelli@magna.com, (+1)905.726.7035
MEDIA CONTACT
tracy.fuerst@magna.com, (+1)248.761.7004
rej.husetovic@magna.com, (+49) 6093 9942-5056
ABOUT MAGNA
Magna is more than one of the world's largest suppliers in the automotive space. We are a mobility technology company with a global, entrepreneurial-minded team of 158,000 employees and an organizational structure designed to innovate like a startup. With 60+ years of expertise, and a systems approach to design, engineering and manufacturing that touches nearly every aspect of the vehicle, we are positioned to support advancing mobility in a transforming industry. Our global network includes 347 manufacturing operations and 87 product development, engineering and sales centres spanning 28 countries.
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